Prada Group reported first-half 2026 revenue of 3.05 billion euros, up 11% year on year. Sales in the Americas climbed 30% to 572 million euros. Adjusted operating profit fell 14.3% and net profit declined 15.2% from a year earlier. The results point to resilient demand in key regions, while margins remained under pressure.

UK retailer Frasers Group disclosed in a regulatory filing that it has built a 4.2% economic interest in Burberry through call options. Burberry reported first-quarter sales of £455 million, up 5% year on year, while comparable sales also rose 5% for a fourth straight quarter of growth. Frasers Group has recently been active in European luxury, having made a hostile approach for Hugo Boss and holding a 26% stake in another company alongside a full takeover offer.

Perfect Corp. said Q2 2026 net income rose to $1.3 million (+518% YoY) as gross margins improved and operating losses narrowed, despite flat revenue of $16.3 million. Operating loss fell and total operating expenses declined from a year earlier. The company also confirmed a definitive agreement to go private through an acquisition by ProjectNY, which is controlled by its CEO, with shareholders to receive $2 in cash per share.